Denmark
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Europe
Maersk sends first boxship along the Northern Sea Route
Maersk is sending a brand new boxship on the Northern Sea Route (NSR) in the next few days in a…
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Americas
Maersk Line adopts CargoSphere’s digital rate distribution system
CargoSphere, the American rate network for container shipping, has announced that Maersk Line has gone live with digital, fully-automated distribution…
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Europe
Esvagt awarded contract extension by Repsol
Denmark’s Esvagt has been awarded a contract extension by Repsol Norway for ERRV vessel . The vessel been in service…
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Europe
Maersk makes Rotterdam central to its sulphur cap strategy
Maersk has opted to make Rotterdam a central part of its fuel plans once the global sulphur cap kicks in…
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Europe
AP Moller-Maersk to list Maersk Drilling
AP Moller-Maersk has shelved plans to sell off its drilling division, favouring instead to spin it off, as it pursues…
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Asia
Celsius makes $376m entry into LNG
Celsius Tankers, a unit of Danish owner Celsius Shipping, has placed an order at South Korean yard Samsung Heavy Industries…
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Europe
DFDS adds another roro at Jinling Shipyard
Danish shipping and logistics company DFDS has exercised an option at China’s Jinling Shipyard for the construction of one additional…
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Europe
Unifeeder & DP World: The curious marriage on the short seas
Profitable growth in the maritime shipping industry is a precious commodity. The old thinking of getting bigger through mergers or…
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Europe
Maersk and IBM reveal TradeLens blockchain platform
Maersk and IBM have revealed details of their new blockchain platform. Called TradeLens, the two parties have already managed to…
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Europe
Norden joins Maersk in downgrading full year forecast
Citing the “very weak” tanker spot market, Norden has become the second Danish owner in consecutive days to lower its…
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Europe
Maersk shares rally despite profit warning
Investors surprised the market yesterday, backing Denmark’s largest shipping group despite a profit warning. Shares in AP Moller-Maersk rose as…
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Middle East
DP World acquires Unifeeder for $764m in new chapter for containerisation
The global container shipping industry today experienced its next phase of consolidation with a leading Middle Eastern terminal operator snapping…
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Europe
Hafnia Tankers seals sale and leaseback for LR1 pair
Denmark’s Hafnia Tankers has completed two sale and leaseback transactions with Sole Shipping Special Opportunities Fund II for 2010-built LR1…
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Europe
Hedge funds short Maersk
The escalating threat posed by a global trade war is taking its toll on the shares of the world’s largest…
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Europe
Maersk Drilling jackup pair awarded extensions
Maersk Drilling has been awarded contract extensions for two if its jackup rigs, Maersk Resolute and Maersk Resolve, both operating…
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Asia
BW takes 43.5% stake in Hafnia Tankers
One of shipping’s greatest consolidators, BW Group, has made Hafnia Tankers its latest target. BW has entered into a definitive…
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Europe
Equinor buys Danish energy trader for $470m
Norwegian energy giant Equinor has reached an agreement to acquire Danish energy trading company Danske Commodities for €400m ($470m). Danske…
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Europe
Maersk unveils new decommissioning brand
Having announced its entry in the rapidly developing decommissioning sector back in April, Maersk Drilling and Maersk Supply Service have…
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Europe
Maersk Supply Service and Vestas partner up on sustainable energy
Maersk Supply Service and Danish wind system developer Vestas have entered into an innovation partnership to jointly develop solutions and…
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Containers
Maersk and MSC yank service as transpac spot rates slide towards triple figures
With spot rates on the transpacific to the US West Coast now being banded around for as low as $1,000…
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